I
don't like it, but I saw this coming years ago. The cost of a
“complete review” or of any kind of “certification of
compliance” just went through the roof.
DrinkerBiddle
reports
a development in Storm v. Paytime, Inc., No. 14-cv-01138-JEJ
(M.D. Pa.):
In August, Paytime, Inc., a payroll services company, moved
to dismiss a putative class action filed
in the wake of a data breach in which the personal and financial
information of more than 230,000 people was compromised. Paytime
argued that the plaintiffs lack standing, have failed to plead actual
harm, and were not a party to or intended beneficiary of any contract
with Paytime.
On September 30, while the motion to dismiss was pending, Paytime ran
up against the court’s deadline for joining additional parties and
filed a motion
for leave to file a third party complaint against its data
security auditor. Six months prior to the data breach, SotirIS, a
provider of integrated business solutions and cloud hosting,
performed a “comprehensive breach assessment” for Paytime.
According to Paytime, “SotirIS
failed to identify vulnerabilities in Paytime’s computer systems
and, therefore, contributed to the occurrence of the data security
event.” Therefore, Paytime argues, if Paytime were
found liable “for such a vulnerability, then SotirIS is liable to
[Paytime] for contribution and indemnification.”
Read
more of DrinkerBiddle’s Cybersecurity
Litigation Newsletter.
Perhaps
I should get my band of merry men (and women) together again? If I
could be assured the Feds would not take umbrage... (I thing the
“military grade” bit is a joke.)
Endgame
Raises $30 Million to Bring Military-Grade Cyber Tools to the
Enterprise
Security
intelligence and analytics solutions provider Endgame, Inc. announced
that it has closed a $30 million Series C equity funding round.
The
latest round brings the total funding raised by the Arlington,
Virginia-based firm to $90 million.
Endgame,
which has been known for selling tools and zero-day exploits to
government customers for offensive purposes, is shifting
its focus to sell its military-grade security intelligence and
analytics platform to enterprise customers.
…
“The
exploit business is a crummy business to be in,” Fick told
Forbes. “If we’re going to build a top-tier security firm,
we have to do things differently…. This is one of those happy
circumstances where business realities, reputational concerns and my
personal feelings aligned.”
… “Our
core capabilities use data science and cutting-edge technology to
give our federal and commercial customers real-time visibility across
their digital domains, and our ecosystem of applications use that
insight to solve a wide array of security problems,” the company
explained.
I'm
surprised they know that much!
Pew:
Americans Not So Internet Savvy, Lack Insight on Privacy, Net
Neutrality
…
Only 44 percent of respondents answered correctly a question about
company privacy policies, with most
incorrectly assuming that a privacy policy meant the company keeps
information collected about users confidential.
"In
terms of privacy policy awareness, we found it notable how much
knowledge on this issue has not changed over the years,"
continued Smith. "Despite all of the data breaches, news
stories, and policy discussions that have been happening around this
issue over the last decade, Americans are not substantially more
informed about this subject than they were a decade ago."
…
For those interested in seeing where they sit on the scale of
Internet knowledge, the survey can be taken here.
(Related)
'Tis a puzzlement!”
A
majority of the global public is concerned about online privacy, but
fewer have actually done anything about it, according to a new survey
of Internet users around the world.
A
poll from the Centre for International Governance Innovation, a
Canadian think tank, found that 64 percent of people said they are
more concerned about their privacy online than they were a year ago,
and more than three-quarters are concerned about criminals or someone
else hacking into their accounts and stealing information.
Yet
just 43 percent said they avoid certain websites because of privacy
concerns raised over the last year, and only 39 percent say they
change their account information regularly.
Too
much attention to the Income Statement? Look what someone noticed
about the Balance Sheet.
Saks
real estate an 'added gift': Hudson's Bay CEO
The
real estate that came with Hudson's Bay's $2.9 billion purchase last
year of the Saks department store chain was "a little added gift
with purchase," CEO Richard Baker told CNBC on Tuesday.
That's
some gift. On Monday, the company announced its Saks flagship on
Manhattan's Fifth Avenue has been valued at $3.7 billion, making it
the most valuable retail building in the world.
The
Copyright Cops legal strategy is similar to all out war. Attack on
all fronts and keep attacking until you have unconditional surrender
or total annihilation. (and hope that happens before your case gets
tossed out of court)
Internet
mogul Kim Dotcom says he is officially broke.
The
German entrepreneur and failed politician has revealed this week that
his three-year, $10 million legal fight against extradition to the US
to face trial on an alleged conspiracy to commit the biggest-ever
breach of copyright has seen him run out of cash.
A
high profile Queen's Counsel and one of the country's biggest law
firms stepped down from his legal team team earlier this month.
"The
US Government has taken all my assets up until the raid in all
jurisdictions and after I invested money into the internet Party, the
MPAA (Motion Picture Association of America) sued me civilly to try
to seize those assets too, so I'm officially broke right now,"
Dotcom said via live video-link from his Coatesville mansion at the
Unbound
Digital conference in London yesterday.
Perspective.
Like Internet TV only radio. Another blow to Cable?
Chromecast
Adds 100,000 Radio Stations
Chromecast
users can now listen to 100,000 radio stations, thanks to TuneIn
adding support for Google’s media streaming dongle. Both the
free and paid versions of the TuneIn app now support Chromecast,
instantly adding both local and international radio stations, plus
hundreds of different podcasts to the device.
This
explains why the Gaming Club is flying drones down the hallways all
day. It's fun watching them try to put coins in the coffee machine.
Drone
pilot wanted: Starting salary $100,000
Big
companies, such as Amazon
and Facebook,
are looking for pilots who fly drones and engineers with experience
in building the unmanned aircraft. And they are willing to pay top
dollar for the right stuff.
…
As many as 100,000 new jobs will be created in the first 10 years
after unmanned aircraft are cleared for takeoff in U.S. airspace,
according to a 2013 report from the Association for Unmanned Vehicle
Systems International.
Large
employers are already paying up for drone pilots -- about $50 an
hour, or over $100,000 a year -- according to Al Palmer, director of
the center for Unmanned Aircraft Systems at the University of North
Dakota.
Because
some of my Gamers are still passing! Obviously, they are not wasting
enough time.
50
Great Video Games We Recommend You Play Right Now
There
are so many great video games waiting to be played, and so little
time to play them all. This means many gamers struggle to know what
to play next, and which must-play titles to prioritize over the glut
of mediocre titles out there.
In
this article we’ll name 50 video games covering all genres and all
platforms, all of which were recommended by your fellow MakeUseOf
readers.
May
be useful background in a few classes. Oldies but goodies?
15
Documentaries About The Internet, Hacking, Startups &
Cyberculture [Stuff to Watch]
Technology
is fascinating, and people
love to learn. One of the best ways to lose an evening (or
productive morning) is to combine
the two in video form. Over the last two decades the Internet
has grown from an exclusive cluster of early adopters to a ubiquitous
communication tool that’s essential for living in the modern world
we have created.
This
has resulted in a huge number of documentary
films exploring everything from consumer electronics to the
financial, ethical and practical implications of our technology
habit.
I
had great hopes, but so far they don't speak “student.”
Slated
Is An iOS 8 Keyboard That Translates Conversations For You
Another
way to confuse my students? Note how Google Trends shows when this
took off.
Spatchcocking:
The Silly Word Behind the Turkey Trend
…
a radical innovation in turkey preparation has started to become
mainstream: “Spatchcocking,” or removing the backbone and
flattening the turkey. This process—also known as butterflying,
and common for preparing chickens—reduces the roasting time for a
turkey from roughly
three hours to around 45 minutes.
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